Jay Clayton, Chairman of the U.S. Securities and Exchange Commission, said that there are 8-10 applications before the SEC regarding the possible launch of Bitcoin exchange-traded products.
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SEC Chairman: The SEC has 8-10 filings before the SEC regarding the possible launch of Bitcoin exchange-traded products
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Economist: ETH/BTC fell to a more than two-year low after the US election, and its performance was more brutal than expected
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Cointime June 29th News Express
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The US SEC has returned the S-1 form to the potential Ethereum ETF issuer with a few comments, asking it to fix the problem and resubmit.
The US Securities and Exchange Commission has returned the S-1 form to the potential Ethereum ETF issuer with some comments, asking them to address the issues and resubmit. Sources say that at least one more round of review is needed before these measures can take effect. The issuer has reportedly been asked to address these comments and resubmit before July 8th. Sources note that this will not be the final declaration after the form is returned, meaning that at least one more declaration is needed before the ETF can begin trading.
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